China Takes Strides in Shared Energy Storage Projects...
China News
January 9, 2024
With the largest solar and wind power generating capacities globally, surpassing 35% of the global total, China is making significant advancements in shared energy storage projects. The country's escalating demand for renewable energy is driving a parallel need for energy storage facilities. Given the unpredictable nature of weather-dependent renewable sources like wind and solar, storage facilities play a crucial role in capturing and storing energy for periods when they are unfavourable.